FICCI Fintech Expo 2021 and Conference ‘Showcasing Indian Fintechs to the World’
FICCI Fintech Expo 2021 and Conference ‘Showcasing Indian Fintechs to the World’
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Education revolution in Punjab ❤️The transformation we all deserve! #punjab #punjabgovernmentschool
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How will be the future of NBFCs and FinTechs in India?
The future of NBFCs is witnessing good growth in consumer lending. The liquidity position has improved and is gradually coming back to normal. In the future also, NBFCs will play a crucial role in economic development and in financial inclusion. Amid the Covid-19 pandemic in the country, fintechs have been at the forefront of India’s financial inclusion efforts. The usage of digital and contactless payments surged, as people opted for safer ways to transact financially. The FinTech sector is now becoming India’s fastest emerging sector and this sector is expected to touch over $150 billion by 2023. The fact is Fintechs are closely working with NBFCs and many of them have obtained the NBFC license. The key role of fintechs in financial inclusion is by making changes in the traditional business model of banks and financial institutions; it can deliver financial products and services to the financially excluded population in a more accountable and efficient manner in the least possible time. In a nation where banking was considered a privilege, fintech changed the lives of the common man. Where once to create trust in banks you had to take so much effort, now the world’s 40 per cent digital transaction is happening there. Digital payments touched a record high in 2020 with all channels from the Unified Payments Interface to the Aadhar-enabled Payment System (AePS) registering stellar growth. In 2022, 82% of financial companies state they are planning to increase their fintech partnerships, showing an overwhelming level of confidence in technology as the future of finance. According to a recent report by payment solutions provider ACI Worldwide, India made 48.6 billion real-time payments through 2021, ahead of China at No. 2. The rise was cited due to an increase in Unified Payments Interface and quick response code-based merchant payments, along with a boost in cashless payments. We have seen an exponential growth in digital lending which is poised to tremendous adopti
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1st FICCI National Conference on Industry 4.0 - India @ 2047 & FICCI Industry 4.0 Awards
1st FICCI National Conference on Industry 4.0 - India @ 2047 & FICCI Industry 4.0 Awardsബൈ FICCI India | 246 വ്യൂസ് (വീക്ഷണത്തിന്റെ എണ്ണം)
TTF Expo - 2021 | G IBrahim | Director of TTF Expo | ABTAK MEDIA
TTF Expo - 2021 | G IBrahim | Director of TTF Expo | ABTAK MEDIA
#GIbrahim #TTFExpo2021 #Director
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Fintech have tailored to meet the demand of SMBs | Indian News | Business And Economy | Tech News
Fintech have tailored to meet the demand of SMBs | Indian News | Business And Economy | Tech News
#FinTech #Covid19 #SMB
Fin-Tech is key enabler for SMB
As the nation recovers from the impact of the COVID-19 pandemic ,Fintech are reinventing to introduce digitally-driven business models, with this SMBs can leverage them to stay ahead of the curve. A report states, 30 percent of all small business owners reported that they’ve had to dip into their personal financial resources to support their businesses since the pandemic began. Eighteen percent of them have had to cut their full-time staff, and 15 percent have lowered their workers’ salaries. The most recent evidence of the damage caused by the pandemic. Historically, access to credit for SMBs has been limited, as entrepreneurs try to build up a credit record to access available capital. With the emergence of the FinTech era is helping to break that cycle, enabling innovation in financial services to help SMBs flourish.
The new age fintech companies well understands the changing customer preferences. The digital evolution of the connected world will be critical in commercials payments and beyond. Looking at how quickly the entire world changed during the last 12 months – with new business models, new shopping methods and new payments plays exploding on the scene – there has been an unprecedented need for agility for corporate players looking to thrive in a constantly changing market. It will be a challenging time for businesses of all sizes, but the necessary change will ultimately create a stronger playing field. “I think that in order for the economy to accelerate at this pace, it needs to break out of some of the traditional ways of thinking about commercial payments. Going forward, Embedded finance is the next wave of lending that is likely to drive expeditious adoption and democratization of fintech in India and other growing economies.
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FICCI FAST FORWARD with Mr Subhrakant Panda, Vice President FICCI
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Join us for the release of FICCI-EY M&E Industry Report on May 3rd at FICCI FRAMES 2023
Don’t miss out on the release of the most anticipated FICCI-EY Media & Entertainment Industry report at #FICCIFRAMES2023! Titled ‘Windows of Opportunity,’ this year’s report highlights the exciting new possibilities emerging in the industry. Learn about innovative strategies for engaging with diverse consumer segments and explore the potential of multi-media-multi-segment approaches. Join us to unlock the #WindowsofOpportunity on May 3rd in Mumbai.
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